Raising Money for Millwork

Looking for business loans for millwork? Try the SBA. This $187,853 millwork loan was issued by a Pennsylvania bank.

The SBA helps new or growing businesses raise capital. In this case, an entrepreneur in Seward, Pennsylvania was able to borrow $187,853 from Somerset Trust Company. The SBA made the loan possible by guaranteeing $140,890 of this Pennsylvania small business loan.

SBA Loan Borrower

COMPANY TYPE: MILLWORK
SEWARD, PA 15954

SBA Loan Lender

SOMERSET TRUST COMPANY
151 W MAIN ST
SOMERSET, PA 15501

This SBA loan was a SBA 7A loan, which means it originated at a lending institution and the SBA provide a guaranty on a portion or percentage of the loan.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

321918 - Millwork

Loan Approval Date

9/16/2003

Loan Approval Gross Amount

$187,853

Loan Approval from the SBA

Of the total $187,853 loan amount, the SBA guaranteed $140,890.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had 27 employees. This SBA loan request did not indicate that the company promised to use the loan proceeds to add employees or retain any existing employees.

Great, But How Can I Get an SBA Loan for My Business?

SBA loans provide smart, affordable business financing for small businesses looking to expand.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

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SBA 7A Lenders in Somerset, Pennsylvania

Getting an SBA Loan in Pennsylvania